Aptiv PLC (NYSE:APTV) Receives $86.50 Average Target Price from Brokerages

Shares of Aptiv PLC (NYSE:APTV) have earned a consensus rating of “Moderate Buy” from the twenty-four analysts that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, sixteen have issued a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $86.50.

APTV has been the subject of a number of recent analyst reports. Raymond James restated a “market perform” rating on shares of Aptiv in a report on Monday, February 3rd. Oppenheimer boosted their price objective on shares of Aptiv from $83.00 to $85.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Deutsche Bank Aktiengesellschaft raised shares of Aptiv from a “hold” rating to a “buy” rating and set a $78.00 target price for the company in a research report on Friday, February 7th. UBS Group boosted their target price on shares of Aptiv from $82.00 to $91.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Finally, Royal Bank of Canada boosted their target price on shares of Aptiv from $75.00 to $82.00 and gave the company an “outperform” rating in a research note on Friday, February 7th.

Aptiv Price Performance

APTV stock opened at $62.75 on Tuesday. The firm has a 50 day moving average price of $63.67 and a 200-day moving average price of $63.38. Aptiv has a 52-week low of $51.47 and a 52-week high of $85.56. The firm has a market capitalization of $14.40 billion, a price-to-earnings ratio of 9.12, a PEG ratio of 0.62 and a beta of 1.78. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.07 and a current ratio of 1.53.

Aptiv (NYSE:APTV) last released its earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. Equities research analysts forecast that Aptiv will post 7.2 EPS for the current fiscal year.

Insider Buying and Selling at Aptiv

In related news, SVP Benjamin Lyon sold 14,568 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $65.50, for a total value of $954,204.00. Following the completion of the transaction, the senior vice president now owns 125,237 shares of the company’s stock, valued at approximately $8,203,023.50. This trade represents a 10.42 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.34% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Brown Brothers Harriman & Co. lifted its holdings in shares of Aptiv by 1,410.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock valued at $32,000 after acquiring an additional 409 shares during the last quarter. Picton Mahoney Asset Management bought a new position in shares of Aptiv in the 4th quarter valued at about $37,000. Capital Performance Advisors LLP bought a new position in shares of Aptiv in the 3rd quarter valued at about $43,000. Brooklyn Investment Group bought a new position in shares of Aptiv in the 3rd quarter valued at about $43,000. Finally, CENTRAL TRUST Co lifted its stake in Aptiv by 356.3% in the fourth quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company’s stock worth $52,000 after purchasing an additional 677 shares during the last quarter. Institutional investors own 94.21% of the company’s stock.

About Aptiv

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.